Sinkang Industries Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 07:18 pm
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Sinkang Industries Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 873.273 million compared to TWD 747.739 million a year ago. Operating income was TWD 37.071 million compared to TWD 28.917 million a year ago. Net income was TWD 31.792 million compared to TWD 24.233 million a year ago. Basic earnings per share was TWD 0.24 compared to TWD 0.19 a year ago. For the nine months, total revenue was TWD 2,381.755 million compared to TWD 2,109.797 million a year ago. Operating income was TWD 69.980 million compared to TWD 53.177 million a year ago. Net income was TWD 60.535 million compared to TWD 43.755 million a year ago. Basic earnings per share was TWD 0.46 compared to TWD 0.34 a year ago. Diluted earnings per share was TWD 0.46 compared to TWD 0.33 a year ago.
Sinkang Industries Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sale of stainless steel sheets, rolls, bars, wires and tubes. The Company also provides shearing services, slitting services, surface treatment services, mirror finishing services, section steel processing and tread plate manufacturing services. The Company's products are applied in construction, food, kitchenware, transportation, chemical, medical equipment, electronics, environmental protection, firefighting, home appliance, furniture and other fields. The Company distributes its products in domestic markets and to overseas markets.
SINKANG INDUSTRIES CO., LTD. 
